I'm a former corporate employee who decided to ditch the 9-5 and start my own at-home business.
Now, with a lukewarm cup of coffee in one hand and a baby on my hip, I'm balancing #allthethings
THE sugar studios blog offers tips, tools and my own tried-and-true tricks for growing your beautiful business.
December 6, 2013
2021 update – Creative Market has made some significant changes to it’s model including adding a $.96 “Platform fee” to each transaction, increasing their commission and setting a minimum price requirement for seller’s products.
I’ve been selling my designs on Etsy since October 2011 and it’s brought me so many opportunities I could never have imagined. Recently I decided to try selling my clipart and digital papers on Creative Market, a digital marketplace that primarily sells fonts, clipart, patterns, textures, and website templates.
There are some differences between Etsy and Creative Market – they both have their pro’s and con’s. If you’re thinking about opening a shop on either site I suggest you read this post first so you understand the differences.
If you’re planning to offer digital downloads – Creative Market allows for much bigger file sizes than Etsy. This saves me time in not having to manually email orders out to customers.
Etsy – 20MB (Maximum upload of 5 zip files)
Creative Market (CM) – 500MB
When you have hundreds of products, $.20 per product can add up pretty quick. You pay a listing fee whenever you add or renew a product listing. I average about $60-$80 a month in listing fees.
Etsy – $.20 per listing
CM – Free
I love that with Creative Market I don’t even need to renew a sold listing. With Etsy I need to make sure a listing is renewed as soon as it’s sold or a customer looking for it may not find it!
Etsy – $.20
CM – Free
I like that Etsy puts money in my wallet so quickly. If I were depending on a large payment and had to wait two weeks for Creative Market to payout – that could be a problem.
Etsy – PayPal payments go directly into your PayPal account, Direct Checkout (credit card) every Monday.
CM – Requested payouts will be totaled at the end of the month, and paid out on the 15th of the following month.
Creative Market takes a huge commission. If they didn’t have free listings and allow for large file sizes I don’t know that I would sign up with them.
Etsy takes 5%. For instance if you sell a product for $14.00 – you receive $13.30.
Creative Market takes 40%. For instance if you sell a product for $14.00 – you receive $8.40.
Overall I think Etsy is a better choice for selling digital products. If I had to only choose one platform, it would be Etsy. The good news is that you never have to choose just one platform. It pays to use all platforms for your products as long as you’re aware of the pros and cons for each.
In 2021, Creative Market upset many sellers by making some significant changes. On top of already increasing the commission by an additional 10% (up from 30%), buyer’s now have to pay a $.96 “Platform Fee”. The fee does not go to sellers, instead it goes to Creative Market.
Creative Market also rolled out a new change where they set a minimum price requirement for all products. Meaning, if you chose to sell a product for a low price, let’s say $4, the new minimum price set by CM is $6.
Seller’s have also reported a huge drop in sales since Creative Market has made these recent changes.
Did you know Creative Market gives away FREE goods each week? All you have to do is signup for their email!
What do you think of this article? Do you have any questions for me? Ask me in the comments box below!
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